Building permits drop 4.1% in July. Privately-owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,223,000, - 4.1% below the revised June rate of 1,275,000, but +4.1% above the July 2016 rate of 1,175,000. Single-family authorizations in July were at a rate of 811,000, This is unchanged from the revised June figure of 811,000. Authorizations of units in buildings with five units or more were at a rate of 377,000 in July.
Electrical Marketing’s Leading Economic Indicators for July 2017
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